“Hunt’s national insurance cut: robbing Peter to pay Paul?”

Nov 23, 2023 | Budget

Taking a bullet for you all and the greater good, I’ve listened to Autumn Statement Reaction interviews by the dozen. So far, 31 mentions of helping (or not) ‘struggling families’ of whom 23 were ‘hard-working’; not sure if that means the others are bone-idle. Anyway, on whichever side of the divide you dangle your legs, inflation and the freeze, or for dividends and capital gains, big reduction in allowances means we’ll all be paying a lot more tax, pretty much more than ever. No change to Inheritance Tax (you heard it here first), and, yes, pensions tinkering to come, with every employee to be allowed to choose their own scheme. Hopefully, the coming consultation will declare that a barkingly expensive idea. Much more discussion of that and other goodies to follow, no doubt.

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“Autumn Budget 2021: Financial services industry reacts”

“Autumn Budget 2021: Financial services industry reacts”

‘At least bankers on short-haul flights sipping champagne will be celebrating this Budget’ said Shadow Chancellor Rachel Reeves, who should surely be Leader of the Opposition soon. So here’s the thing: we’re going to be paying more tax. Boris want’s us all to earn...

“Our Summary of The Spring Budget”

“Our Summary of The Spring Budget”

I play a little game every Budget Day. I count the number of ‘Our Budget Summary’ emails I receive (it used to be glossy brochures in the post) and yesterday’s was a record 52! As an ethical and sustainable type, I’m pleased at the tree-saving. But really, marketing...